Cement News tagged: International
Egypt cement industry faring well, says analyst
As the global recession drags on, shifting market dynamics indicate that the Egyptian cement industry, despite mixed performances
ACC capex plan on track, sees rise in demand
ACC said that cement demand has increased in the semi-urban and rural areas of the country.
Lafarge says expansion of Nigerian unit progressing
Lafarge, said on Wednesday the expansion of its unit to double Nigerian output to around 4Mta was progressing.
AfriSam rejigs BEE deal, South Africa
Black-owned cement producer AfriSam says it has saved R1bn in long-term funding costs by renegotiating the debt arrangement
Jaiprakash Associates to hire 2000, India
Construction and cement firm Jaiprakash Associates will hire 2,000 people in 2009 for its ongoing
Siam City Cement may cut capacity, Thailand
Siam City Cement (SCCC), the country’s second-largest cement company, may reduce its capacity
Shree Cement says raised bag prices in Feb
Shree Cements Ltd has raised prices of cement in the past month in the range of 2-4 rupees per bag
Adani group to foray into Indian cement sector
Adani Enterprises has chalked out plans to foray into cement sector. The group’s entity Adani Enterprise
Holcim Mothballing Mason City plant
Holcim will be moth-balling the plant in Mason City at the end of the year. This means they will stop
ACC looks to raise prices
India’s largest cement maker by capacity, may increase product prices in 2-3 months after having raised them
Vicat maintains a strong balance sheet
With a gearing of 34.7% at the end of December, compared with 30.0%, Vicat maintains one of the strongest balance sheets in the sector, with net debt of
Holcim mothballs more US capacity
Holcim’s turnover declined by 7.9% in 2007 to SFr25,157m (€15,822m), though on a comparative basis there was a 4.3% increase. The operating EBITDA fell by 23.0% to SFr5,333m (€3,354m).
Cement market in Romania ’will stagnate in 2009’
The cement market in Romania will stagnate in 2009, because the lack of liquidities and difficult access to financing will have an important impact on consumption,
India’s ACC Feb shipments rise 3.6 per cent YoY
Indian cement maker ACC on Monday reported shipments rose an annual 3.6 per cent in February
Safety milestone at Hope cement works, UK
Lafarge Cement’s Hope Works team of around 200 people is keeping its sights set on safety and has
Pakistan cement exports up by 60 per cent
Pakistan cement exports grew by 60 per cent to 6.83Mt during eight months (Jul-Feb) of the current 2008-09 fiscal year